Price has been in a trading range for a year and has broke out and passed the throwback test and is ready to move up
Komen:
A rectangle has formed since 2022 to 2024. Which formed a morning star pattern on a shortfall and the entry point will be around the throwback level from the previous resistance level which is now the support level after breaking out from the pattern.
We will set our target price using the measured rule which is near the previous high of 213 using a stoploss at 157 which is at the trendline using the morning star as the next higher low readjusted from the lowest point of the rectangle.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
We will set our target price using the measured rule which is near the previous high of 213 using a stoploss at 157 which is at the trendline using the morning star as the next higher low readjusted from the lowest point of the rectangle.